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Investments

Investment

Questions

Catholic & Community Credit Union understands that each member has a unique financial profile. That is why we offer a full range of products to help you save money and achieve financial success. Click on the links below to learn about each investment option.

Need help deciding which choice is right for you? Contact the credit union and talk with a member services representative!

Youth CD

Members ages 10 to 17 can take advantage of a Youth certificate of deposit featuring special returns. Open a Youth CD with an initial deposit of just $100, and make additional deposits up to a maximum balance of $1,000. Young investors will learn the value of interest as they earn 5.00% Annual Percentage Yield until the CD matures at their 18th birthday! A parent, grandparent or guardian must have checking and direct deposit with C&CCU for the child to qualify for this special rate.

IRA Options

Individual Retirement Accounts

At Catholic & Community Credit Union, we realize that financial security for the future is something everyone must consider. Whether you are just starting to consider retirement savings or getting ready to retire, we offer an Individual Retirement Account (IRA) that will help you build wealth and manage your retirement income.

Traditional IRA

This account allows you to defer taxes on a portion of your income while enjoying superior interest rates. Earnings accrued on this account are not taxed until you begin to make withdrawals. Investors aged 59 1/2 and older can access their funds without penalty. Investors must begin receiving periodic payments by age 70 1/2.

Roth IRA

With this option, your contributions from income will not be tax-free, but you will still enjoy great interest rates. Plus, you can access your contributions tax- and penalty-free any time after an initial five-year waiting period. Earnings may be withdrawn if the member meets specific requirements.

Each of these options may be managed through an IRA Accumulation Savings Account or IRA Certificates. Determining which investment method is right for you depends upon the initial deposit available and the desired interest rate for your investment. Each method is outlined below. For specific rates on each option, click here.

IRA Accumulation Savings Account

With a low $5 minimum balance and contribution options such as payroll deduction, this account is convenient and flexible! Deposits and withdrawals for this account will comply with federal regulations.

IRA Certificates

You choose the term that makes sense for you, and C&CCU will pay a rate of return that rivals any other financial institution. With terms ranging from one to five years, your options are wide open! All it takes is a minimum $250 deposit, and you’re on your way to smart savings and easy earning!

Choosing a plan that works for you can be difficult. That’s why our representatives are always available to help you sort through the details and determine the perfect savings plan to meet your goals. Contact the credit union to learn more or to open your IRA today!

Money Market Accounts

If you're looking for high interest rates but still want easy access to your money, then a Money Market Account with C&CCU is for you! These accounts require a $2,500 minimum balance, and tiered dividends are paid monthly. You can make up to six $100-minimum withdrawals per month with no fees. Additional withdrawals during the same month are available for a $10 fee per withdrawal. Check our current rates.

More Rates